- Nifty has taken support yesterday near 5963 levels. If it holds the falling wedge pattern may play out. If the support does not hold then the next support lies at 5932 which will make the wedge pattern invalid.
- If the falling wedge pattern gives a breakout one has to make sure that the price closes above the 10 DMA for it to be effective.
- PIN BAR AND FALLING WEDGE OF NIFTY FUTURES
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